Yasho Industries Limited
Climate Impact & Sustainability Data (2019-20, 2022-04 to 2023-03, 2023-04 to 2024-03)
Reporting Period: 2019-20
Environmental Metrics
ESG Focus Areas
- Environmental Sustainability
- Employee Well-being
- Corporate Governance
Environmental Achievements
- Reduced water consumption by more than 50%
- Process changes to reduce waste generation
- Use of environment-friendly catalysts to eliminate toxic metal waste
Social Achievements
- Tailored trainings to strengthen internal capabilities and skills
- Safety training and programs for plant workers
- Training programs to upskill and improve work efficiency of employees
Governance Achievements
- Launched intranet-based training modules on Preventing Bribery and Corruption
- Aligned risk assessment policy with global approach
- Regular review of risk assessment reports
Climate Goals & Targets
Medium-term Goals:
- Future expansion plans to drive growth
Short-term Goals:
- Achieve 40-50% capacity utilization at Unit-3 by the end of FY 2020-21
Environmental Challenges
- Slowdown in sales of rubber chemicals due to automobile industry slowdown
- Economic cycles impacting Industrial and Specialty Chemicals businesses
- Impact of COVID-19 on supply chains and local demand
Mitigation Strategies
- Increased reliance on exports to fill capacities
- Exploring opportunities in specialty and performance chemicals
- Analyzing the impact of COVID-19 on the chemical market
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: ISO 9001:2015, REACH Regulation
Certifications: ISO 9001:2015, HALAL Certifications, STAR KOSHER Certifications, NSF Certifications, FAMIQS Certification, FSSC Certification
Third-party Assurance: Bureau Veritas Certification Holding SASUK Branch
Awards & Recognition
- Excellent Supplier Award by Kemin Industries (Zuhai)
- Certificate of Appreciation by Indian Oil
- Award from Dun & Bradstreet for excellence in the chemicals sector
Reporting Period: 2022-04 to 2023-03
Environmental Metrics
Scope 1 Emissions:0
Scope 2 Emissions:0
Total Energy Consumption:3,07,02,753.58 MWh
Water Consumption:43,713.00 kl
Waste Generated:2 MT plastic waste
ESG Focus Areas
- Environment conservation
- Social welfare
- Quality
- Sustainability
Environmental Achievements
- Reduced water consumption by more than 50%
- Use of environment-friendly catalysts to eliminate toxic waste
Social Achievements
- CSR initiative: Provided funding of ₹109.90 Lakhs for promoting education of Kocharva Patel Falia School
Governance Achievements
- Established anti-bribery and corruption policies
- Implemented a comprehensive Enterprise Risk Management (ERM) framework
Climate Goals & Targets
Environmental Challenges
- Global economic slowdown
- High inflation
- Geopolitical tensions
- Supply chain disruptions
- Soaring commodity prices
Mitigation Strategies
- Adapting to market dynamics
- Focusing on exports
- Improving product mix
- Capacity expansion
- Investing in R&D
- Comprehensive ERM framework
- Corporate insurance program
Supply Chain Management
Responsible Procurement
- Sustainability assessments
- Periodical audits of Suppliers
Climate-Related Risks & Opportunities
Opportunities
- New opportunities in new markets
Reporting Period: 2023-04 to 2024-03
Environmental Metrics
Total Carbon Emissions:20406.64 tCO2e/year
Scope 1 Emissions:10094.21 tCO2e/year
Scope 2 Emissions:10312.43 tCO2e/year
Total Energy Consumption:3,19,97,175.10 MWh/year
Water Consumption:58152 kl/year
Waste Generated:2.5 MT/year
Carbon Intensity:1.79 MTCO2e/MT
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- One of four manufacturing units operates as a Zero Liquid Discharge (ZLD) facility.
- Currently recycle 44% of water used for domestic purposes.
Social Achievements
- Various well-being measures for employees and workers including health insurance, accident insurance, and maternity benefits.
- 100% of permanent employees and workers covered by PF, Gratuity, and ESI.
Governance Achievements
- Company has an Anti Bribery & Corruption policy.
- Periodic review of charters and policies internally by Senior Management.
Climate Goals & Targets
Short-term Goals:
- Achieve ZLD status for all facilities.
Environmental Challenges
- Import restrictions like Anti-Dumping Duty & Safeguard duties.
- Delay in submitting RPT disclosure due to technical issues with XBRL.
Mitigation Strategies
- Shortlist potential products and monitor pricing.
- Improved XBRL processes to avoid future delays.
Supply Chain Management
Responsible Procurement
- Supplier Code of Conduct
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: NGRBC
Certifications: ISO 9001:2015, ISO 27001:2013, ISO 14001:2015, ISO 45001:2018, FSSC 22000, FAMI-QS, STAR-K KOSHER, HALAL, FSSAI, REACH, NSF, EcoVadis, RSPO, AGQM
Third-party Assurance: Not applicable